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Bitcoin Cash

Monero Just Hard Forked — and It Resulted in Four New Projects

One hard fork later, there are four new Monero projects. Monero hard forked to version 12 of its protocol yesterday. But not everyone is on board. Following the example once set by Ethereum Classic, some users are continuing on the pre-hard fork Monero blockchain… though in this case not as a single project. Now there is  Monero Classic, Monero 0 ...

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Coinbase Takes Steps Toward Becoming an Alternative Trading System

Cryptocurrency trading firm Coinbase has entered into talks with the U.S. Securities and Exchange Commission about registering as a licensed broker-dealer firm and electronic trading venue, The Wall Street Journal reported on Friday, April 6, 2018. The move comes just as U.S. regulators have begun clarifying their stance on virtual currencies. Testifying before the Senate on February 6, 2018, SEC ...

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First Lightning Network Wallet App Now Available via Google Play

The Lightning Network’s first mobile app for Bitcoin’s mainnet is now available through Google Play. Known as the Eclair Wallet, the app was released on April 4, 2018, via French technology startup ACINQ, and is being offered specifically to Android users. Devices employing software version 5.0 or higher can send Lightning payments, which require significantly lower fees than the standard ...

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SEC Freezes $27 Million in Stock Trades From Blockchain Company Longfin

On April 6, 2018, the United States Securities and Exchange Commission obtained a court order to freeze $27 million in stock trades from Longfin Corp., a publicly traded blockchain technology company. According to the SEC’s official statement, the company’s CEO and three other affiliates are under investigation for the illegal distribution and sale of restricted Longfin Corp. shares. Founded in ...

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Chinese Private Equity Group Unites Blockchain and Investment Strategies

As cryptocurrencies continue to make their mark on the financial arena, many capital investment firms are looking to bring the power of the blockchain and traditional investment strategies together to give traders more opportunities in an adapting industry. Leading Chinese private equity group JD Capital is one of those firms. Founded in 2007 and headquartered in both Beijing and New ...

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Japanese Cryptocurrency Exchange Coincheck Accepts Monex Takeover Bid

Coincheck, the Tokyo-based cryptocurrency exchange that has been struggling to get back on its feet since it suffered a devastating hack on January 26, 2018, has agreed to accept a takeover bid by Monex Group, a Japanese online brokerage firm. As part of that, Chief Operating Officer at Monex Toshihiko Katsuya will to take over as Coincheck’s new president, while ...

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Zhongyunhui Capital, IDG Capital and Bitmain Boost BitKan Funding Round

BitKan, a China-based cryptocurrency data service provider, announced today that it has secured $10 million in Series B funding, led by new investor Zhongyunhui Capital, with additional support from another new investor IDG Capital and existing investor Bitmain. This follows a $2.4 million Series A funding in 2016 and a $300,000 angel round in 2015. BitKan has been one of ...

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Not a Month Into Beta, Lightning Applications Continue to Grow

With the advent of the long-anticipated Lightning Network (LN), crypto enthusiasts have more to look forward to than faster, cheaper transactions. Just as smart contracts brought DApps to Ethereum’s network, the Lightning Network is primed to bring a host of Lightning apps to Bitcoin. These applications, fittingly dubbed LApps, will leverage the Lightning Network to usher in a new generation ...

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